Fung, Here is a gem for you and you only! 9% + yield. X-Dividend date is around 3/15 so plenty of time to establish a position. Spanish Bank stock listed on NYSE however we are accumulation the preferred shares. Dividends should qualify for the lower dividend tax rate of up to 15%, making the stock suitable for a taxable brokerage account. There's no withholding tax and no currency volatility, as the preferred stock dividends are declared and paid in U.S. dollars. Have to pay a premium here but a very safe play considering the tremendous yield being offered.
Banco Santander,(NYSE: STD-PE) 110 Billion Market Cap.(They own Sovereign Bank here in America)
Hope all is well Fung and tell Fatso to go Screw for me. In and out of the ES E-Minis everyday. Great way to trade daily especially 1st two hours in a.m.,break, and last hour and a 1/2 in the p.m. I love the smell of fresh homemade coffe in the morning,smells like Victory!
Cheers my friend
